The amount of advance payment for the purchase of cement on the stock exchange was halved

According to Tejarat News, from the arrival Cement Commodity exchanges are referred to as those actions that have taken place in the development of the country’s economy. Cement producers believe that the supply of cement in the commodity exchange will be a point for the end of brokers’ rents in this industry and the orderly pricing of this basic commodity in the domestic market and export markets in the future. The entry of any product into this market, the competition takes place in real space. Cement producers offer their products on the commodity exchange and buyers buy them directly from the factory.
With the arrival of cement in the commodity exchange in recent months, the pricing of cement in the process of supply and demand in the commodity exchange is determined and how to buy cement in the commodity exchange is based on the buyer receiving a commodity exchange code through a brokerage (this step only It is done once and the customer must apply through the brokerage to receive the product code) and then deposit an amount under the heading of pre-receipt to buy the product to the broker’s account and submit his purchase request to the commodity exchange brokerage.
This amount of advance payment for the purchase of cement products on the stock exchange had been set at 100% since August 6, this year, but as of today (October 1, 1400), this amount has been reduced to 50%.
In this regard, Mohammad Norouzpour, Director of Inspection and Member Affairs of Iran Commodity Exchange Company, in a letter to the CEOs of brokerage companies, has announced a change in the amount of advance payment for cement to buy cement. Iran Commodity Exchange Company will be 50% until further notice.
Source: ایسنا
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